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Loan Level Price Adjustments (LLPAs) Explained

Loan Level Price Adjustments (LLPAs) Explained

by Nathan S. Pierce | Jan 19, 2023 | Mortgage Information, Real Estate Agent Tools

Loan Level Price Adjustments (LLPAs) are additional fees implemented by the Federal Housing Finance Administration (FHFA) on certain types of mortgage loans. These fees are designed to account for the increased risk associated with certain loan characteristics, such...
Adjusting Ahead of a Turbulent 2023

Adjusting Ahead of a Turbulent 2023

by Nathan S. Pierce | Dec 20, 2022 | Real Estate Agent Tools, Real Estate News

As a real estate agent, it’s important to always be prepared for the unexpected and to be able to adapt to changing market conditions. With the uncertainty of the current economic climate, it’s more important than ever for agents to be ready for potential...
The Little-Known Mortgage That Doesn’t Require a Down Payment

The Little-Known Mortgage That Doesn’t Require a Down Payment

by Nathan S. Pierce | Feb 10, 2021 | Mortgage Information, News/Current Events

A conventional mortgage loan requires a 20% down payment. If you are a first-time homebuyer, however, saving up tens of thousands of dollars can seem like an impossible task. Of course, there are loan programs, like FHA mortgages, that allow for low down payments, but...
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